Summary:
Flower Buddy utilizes an industry standard pricing formula to calculate the recommended retail value based on the ingredients added to floral recipes.
The pricing process involves considering costs such as flower, hard goods, and labor, which are multiplied by specific multipliers or fees.
Multipliers and design fees may vary among florists, so it is important to adjust them in the profile settings to match the business requirements.
An example is provided, demonstrating how the pricing formula works by multiplying costs, applying multipliers and fees, and summing them up to determine the retail price.
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